Amount: $4,100,000 | Location: Austin, Texas
One Source Business Capital (OSBC) recently closed a $4.1 million SBA 7A loan for a client to purchase a medical practice in Austin, Texas. In order to purchase the medical practice, the client needed a 100% goodwill loan and was told by multiple banking and lending institutions that 100% financing for goodwill would be challenging. The client was referred to OSBC, who successfully secured the necessary 100% goodwill financing for the client to purchase the medical practice.
“The restrictions that banks and certain lending institutions have in place for business loans can create a barrier for small business owners seeking capital to launch or expand their operations,” said David Marcantonio, President/Founder of One Source Business Capital. “Our relationships with many of the nation’s top private lenders, largest banks, and non-bank lenders allow OSBC to assist clients in receiving the funds needed to launch, or expand, their business plans and goals.”
The SBA consistently ranks One Source Business Capital as a top producer for non-bank lenders around the country for business capital. One Source Business Capital has office locations in Florida, Texas, Massachusetts, and Connecticut; and can assist in lending to businesses nationwide. With more than 26 years of experience in bringing borrowers and direct capital together, One Source Business Capital has funded over $460 million for small businesses. Affiliations with the nation’s largest non-bank lenders allow One Source Business Capital to provide loans to businesses that banks may have denied in the past.To learn more about One Source Business Capital, you can call (860) 307-4224 or visit our website at www.osbcapital.com.
Get The Financing You Need, Fast!
At One Source Business Capital, we have a singular focus — YOU. It allows us to bring efficiency and timeliness to the process. Very few lenders have the depth of knowledge and experience we do. You can count on us to get it done when no one else can.